Eaton Federal Savings Bank


Overview / Commentary
517-543-3880
236 South Cochran Avenue
Charlotte, MI 48813

Eaton Federal Savings Bank is headquartered in Charlotte and is the 33rd largest bank in the state of Michigan. It is also the 1,881st largest bank in the nation. It was established in 1936 and as of March of 2019, it had grown to 93 employees at 7 locations. Eaton Federal Savings Bank has an A+ health rating.

Related Posts

View all posts from:


Reviews (1)

Best Bank You can Imagine

Posted by: Reportnewc | Apr 6, 2018

Eaton Federal Savings Bank is the best bank you can imagine. Their customer service is top notch. We live in a poorer community with a lot of elderly people. These people survey on social security and most don't have checking accounts. They get their monthly Social Security check directly deposited by the federal government into their Eaon Federal Savings Account. Many of these elderly people come into Eaton Federal Savings Bank the day their Social Security check is deposited in their savings account. They come with all of their monthly bills and bring them to the bank tellers. The bank tellers will then write money orders for each of these elderly persons' bills and mail them. It is an incredible service for these people that the bank does not charge for. My favorite service I use at the bank is free checking. There is no monthly fee and no minimum balance for this account. You also get an ATM card with this account. It is a great bank.



Health
A+

Health Grade Components

Overall
FDIC Certificate #29846
Year Established1936
Employees93
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD5.67%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$370.5MM$291.7MM
LoansQ1 2019vs Q1 2018$221.4MM$180.8MM
DepositsQ1 2019vs Q1 2018$271.9MM$223.3MM
Equity CapitalQ1 2019vs Q1 2018$55.2MM$52.9MM
Loan Loss AllowanceQ1 2019vs Q1 2018$2.2MM$2.2MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$2.0MM$1.4MM
Real Estate OwnedQ1 2019vs Q1 2018$75.00K$53.00K
Rates

Rates for Eaton Federal Savings Bank are currently being reviewed.

Locations


Eaton Federal Savings Bank Locations
103 S Main Branch103 South MainOlivet, MI 49076
109 S Main Branch109 South MainNashville, MI 49073
Eaton Federal Savings Bank236 South Cochran AvenueCharlotte, MI 48813
307 South Main Branch307 South MainEaton Rapids, MI 48827
Grand Ledge Branch500 South ClintonGrand Ledge, MI 48837
Sockbrige Br122 West Main StreetStockbridge, MI 49285
Gregory Branch223 North Main StreetGregory, MI 48137

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.